Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (13692)	1/31/1998 9:10:00 AM
From: William H Huebl	Read Replies (2) \| Respond to of 94695

Jim, I understand and appreciate what you are saying... THAT being said and the fact I charted the heck out of the stock last night... I tend to agree with you... but for the timing... maybe after next week's sell-off comes about and we see how APM reacts??? Bill

To: James F. Hopkins who wrote (13692)	1/31/1998 10:51:00 AM
From: Death Sphincter	Read Replies (1) \| Respond to of 94695

james..i don't think your take on APM is off the mark. your logic on the short interest profit taking is sound. on APM's initial crash i was looking for a test of the $8 range which was the bottom last summer.many of those shorts that did not cover a few weeks ago when APM hit $10 are saying "damn, i should have covered at $10". i'm looking for a retest of the $10.50 - $11 level at which point i will seriously consider some short term Calls. been doing options successfully for many years and your not at all crazy on this one. options are a gamble but i think this is a pretty good one. if they don't test the abovementioned level and take off first...so what...i missed that opportunity but there are dozens more all the time. good luck carl